Attorneys want nearly a quarter billion of NAR, HSoA damages
Using the “one-third” formula, the plaintiffs’ lawyers are asking for more than $225 million from the two commissions settlements, plus other expenses.
September 16, 2024
Dave Gallagher
Director, News Reporting
Dave's journalism career spans 24 years covering business, the economy and real estate in Northwest Washington. He's also a numbers nerd, examining data to spot emerging trends in industries. Having started his career as a sports writer, he's a lifelong baseball and soccer fan and recently discovered pickleball. He grew up in Yosemite National Park and earned his journalism degree at Humboldt State University in northern California.
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- Florida brokerage the latest to settle in commissions caseThe Keyes Company has reached an agreement in the Gibson lawsuit as the settlement fund nears $1 billion.September 3, 2024
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- Mortgage rates plunge to lowest level in 15 monthsRates are edging closer to 6%, but the downward trend still hasn’t translated into sales as potential homebuyers play the waiting game.August 29, 2024
- Nick Bailey returns to real estate leadership in new capacityThe former CEO of RE/MAX and Century 21 says he will apply his experience helping franchise owners to his new role in real estate consulting.August 29, 2024
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- Home prices have been rising for more than a decadeThe housing market has seen its share of highs and lows in recent years, but appreciation has only moved in one direction: up. Could that be changing?August 27, 2024
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- KW ‘best equipped to grow’ in post-settlement worldBrokerages need to define their purpose in this new era, says Keller Williams CEO Mark Willis, and training, tech will be key to KW’s identity.August 26, 2024
- A bright spot in a sluggish market: New homes are hotNew home sales jumped 10.6% in July as builders took advantage of lower mortgage rates and used incentives to close deals.August 23, 2024
- DOJ files antitrust lawsuit against RealPageThe federal agency claims that the rental software company’s product is keeping rents high and stifling competition.August 23, 2024
